• IninewCrow@lemmy.ca
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      6 hours ago

      You are technically correct … but there are several convoluted rules and regulations controlled and mandated by the US that it makes it either very difficult or impossible for most countries to do business or trade with Cuba.

      Cuba can trade with anyone they want … it’s just purposely made so difficult that very few do so and the ones who do provide very little in exchange.

      https://www.politifact.com/factchecks/2021/jul/19/facebook-posts/cuba-can-trade-other-countries-heres-some-context/

      • Rapidcreek@lemmy.worldOP
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        6 hours ago

        What I read in your link is not so much Political fact but a disagreement of experts.

        What I read in your text is that trade is to difficult, however it is done.

    • dariusj18@lemmy.world
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      6 hours ago

      The question is, with what currency? The Cuban dollar is not really worth anything outside Cuba, so they can only rely on exports to fund currency needed to buy imports.

      • Rapidcreek@lemmy.worldOP
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        6 hours ago

        This is true, but not due to a US embargo. I should think that the state has access to many different currencies. But, in the end, they have limited resources. Cigars, some Rum (though a lot of countries distil and export rum in the Caribbean). They used to export mercenaries and doctors but noone is buying now.